HAL Halliburton Company - Fundamental Analysis
NEUTRAL
HAL Stock | Fundamental Analysis & Investment Insights
NYSE
•
Energy
•
Oil & Gas Equipment & Services
Current Price
$29.6
Analyst Target
$31.21
+5.4% Upside
52W High
$30.4
52W Low
$18.72
At a glance
Key valuation, profitability, growth, and risk metrics.
Updated Jan 04, 2026
Market cap
$25.24B
P/E
19.6
ROE
12.8%
Profit margin
5.9%
Debt/Equity
0.84
Dividend yield
2.3%
AI Analysis
Powered by advanced machine learning algorithms
Confidence Score
75%
Analysis Accuracy
Halliburton (HAL) exhibits strong financial health with a Piotroski F-Score of 7/9 and an exceptionally high Altman Z-Score of 66264927411.2, indicating negligible distress risk. However, recent earnings growth has collapsed year-over-year (-96.9%), and insider activity is bearish, with $4.69M in officer sales and no buys. While valuation metrics are reasonable relative to peers and the analyst consensus is 'buy' with a $31.21 target, weak profitability trends and negative revenue growth temper optimism. The stock trades above the Graham Number ($20.28) but near fair value when considering forward earnings and sector dynamics.
Key Strengths
Exceptionally strong financial health per Altman Z-Score (66264927411.2), far above the 3.0 safety threshold
Solid Piotroski F-Score of 7/9, indicating robust accounting strength and operational efficiency
Attractive dividend yield of 2.30% with a sustainable 45% payout ratio
Current P/E of 19.60 is below sector average of 21.03, offering relative value
Recent price momentum is positive, with +39.5% return over the past 6 months
Key Risks
Severe earnings contraction: YoY earnings growth down 96.9%, raising sustainability concerns
Revenue declining YoY by 1.70%, indicating top-line pressure despite cost controls
Bearish insider sentiment: 2 sell transactions totaling $4.69M and zero buys in last 6 months
Technical trend score of 10/100 signals strong bearish momentum despite recent price recovery
Forward-looking growth metrics are weak or missing (PEG N/A, negative growth trends)
AI Fair Value Estimate
Based on comprehensive analysis
$28.5
-3.7% below current price
Performance Snowflake
Multi-dimensional analysis across 5 key categories
Overall
68
Strong
65
40
70
95
70
AI Verdict
Neutral with upside risk if earnings stabilize
Key drivers: Strong financial health (Piotroski, Altman), Declining earnings and revenue, Bearish insider activity, Attractive dividend and relative valuation, Mixed analyst outlook despite 'buy' rating
Confidence
78%
Value
65/100
Ref P/E, PEG, Graham Number
Positives
- P/E of 19.60 below sector average (21.03)
- Forward P/E of 13.44 suggests earnings recovery priced in
- Price/Sales of 1.14 is reasonable for sector
Watchpoints
- Current price ($29.60) is 46% above Graham Number ($20.28)
- Intrinsic value estimate ($10.57) is significantly below market, though model may undervalue cyclicality
Future
40/100
Ref Growth rates
Positives
- Forward P/E of 13.44 implies expected earnings improvement
- Q/Q EPS growth recently turned positive (+5.5%)
Watchpoints
- YoY earnings growth down 96.9%
- Revenue growth negative at -1.70%
- PEG Ratio unavailable, limiting growth-adjusted valuation
Past
70/100
Ref Historical trends
Positives
- Consistent history of beating earnings estimates (22 out of 25 quarters)
- Long-term 5Y return of +72.0% outperforms many peers
- Stable dividend with moderate payout ratio
Watchpoints
- Earnings and revenue growth have reversed in latest periods
- Recent quarters show declining EPS trend
Health
95/100
Ref Altman Z-Score, Piotroski F-Score
Positives
- Piotroski F-Score of 7/9 indicates strong financial health
- Altman Z-Score of 66264927411.2 is astronomically high, signaling extreme safety from bankruptcy
- Debt/Equity of 0.84 is manageable and below MPC peer (1.43)
- Current Ratio (1.96) and Quick Ratio (1.21) show strong liquidity
Watchpoints
No urgent risks highlighted.
Dividend
70/100
Ref Yield, Payout
Positives
- Dividend yield of 2.30% is above sector average
- Payout ratio of 45.03% is sustainable
- Dividend strength score of 50/100 allows room for growth
Watchpoints
- No 5-year average yield data to assess consistency
- Dividend growth not confirmed by historical data provided
Stock Price & Analyst Targets
Real-time price movements and analyst price targets
Current Price
$29.6
Analyst Target
$31.21
Upside/Downside
+5.4%
Multi-Horizon Performance vs Peers
Price momentum across 5Y → 1W horizons for HAL and closest competitors.
Updated 2026-01-02
| Company | 5Y | 3Y | 1Y | 6M | 1M | 1W |
|---|---|---|---|---|---|---|
|
HAL
Halliburton Company
Primary
|
+72.0% | -15.9% | +9.9% | +39.5% | +8.0% | +5.9% |
|
DVN
Devon Energy Corporation
Peer
|
+204.2% | -26.4% | +16.5% | +15.5% | +1.1% | +6.2% |
|
APA
APA Corporation
Peer
|
+96.0% | -35.1% | +14.2% | +33.1% | -5.9% | +4.9% |
|
OXY
Occidental Petroleum Corporation
Peer
|
+157.7% | -27.0% | -13.0% | -2.2% | +0.4% | +6.3% |
|
FANG
Diamondback Energy, Inc.
Peer
|
+284.5% | +31.5% | -6.1% | +9.7% | -3.8% | +4.1% |
Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.
Historical Performance Trends
Long-term financial metrics and growth patterns
Revenue & Net Income
Profit & Operating Margins
Return on Equity (ROE)
Quarterly Revenue Growth
Historical data shows last 12 quarters (3 years)
Valuation Metrics
Key valuation ratios and pricing indicators
P/E Ratio
19.6
Forward P/E
13.44
PEG Ratio
N/A
P/B Ratio
2.45
P/S Ratio
1.14
EV/Revenue
1.42
EV/EBITDA
7.51
Market Cap
$25.24B
Profitability
Profit margins and return metrics
Profit Margin
5.91%
Operating Margin
12.86%
Gross Margin
16.17%
ROE
12.79%
ROA
7.61%
Growth
Revenue and earnings growth rates
Revenue Growth
-1.7%
Earnings Growth
-96.9%
Q/Q Revenue Growth
N/A
Q/Q Earnings Growth
-96.8%
Financial Health
Balance sheet strength and liquidity metrics
Debt/Equity
0.84
Moderate
Current Ratio
1.96
Good
Quick Ratio
1.21
Good
Cash/Share
$2.41
Quarterly Earnings History
EPS performance vs analyst estimates
2026-01-21
$N/A
2025-10-21
$0.58
+16.9% surprise
2025-07-22
$0.55
-0.7% surprise
2025-04-22
$0.6
-0.4% surprise
Energy Sector Comparison
Comparing HAL against 15 companies in the Energy sector
(0 bullish, 15 neutral, 0 bearish)
P/E Ratio
19.6
This Stock
vs
18.8
Sector Avg
+4.3%
(Premium)
Return on Equity (ROE)
12.79%
This Stock
vs
13.27%
Sector Avg
-3.6%
(Below Avg)
Profit Margin
5.91%
This Stock
vs
11.47%
Sector Avg
-48.5%
(Weaker)
Debt to Equity
0.84
This Stock
vs
0.56
Sector Avg
+48.0%
(Higher)
Revenue Growth
-1.7%
This Stock
vs
2.17%
Sector Avg
-178.2%
(Slower)
Current Ratio
1.96
This Stock
vs
1.2
Sector Avg
+62.5%
(Stronger)
Similar Companies
Peer comparison within the same industry
| Company | AI Rating | Market Cap | P/E | ROE | Profit Margin | Price | |
|---|---|---|---|---|---|---|---|
|
HAL
Halliburton Company
|
NEUTRAL | $25.24B | 19.6 | 12.8% | 5.9% | $29.6 | |
|
DVN
Devon Energy Corporation
|
NEUTRAL | $24.04B | 8.93 | 18.6% | 16.4% | $37.87 | |
|
APA
APA Corporation
|
NEUTRAL | $9.07B | 6.07 | 27.4% | 16.1% | $25.36 | |
|
OXY
Occidental Petroleum Corporation
|
NEUTRAL | $41.75B | 31.16 | 6.0% | 8.2% | $42.38 | |
|
FANG
Diamondback Energy, Inc.
|
NEUTRAL | $44.1B | 10.7 | 10.9% | 28.7% | $152.34 |
Recent Insider Trading
Insider buy and sell transactions from the last 6 months
| Date | Insider | Position | Transaction | Shares | Value |
|---|---|---|---|---|---|
| 2025-12-05 | YOUNG TOBI M. EDWARDS | Director | Stock Award | 6,092 | - |
| 2025-12-05 | BANKS MARGARET KATHERINE | Director | Stock Award | 6,092 | - |
| 2025-12-05 | MALONE ROBERT A | Director | Stock Award | 6,092 | - |
| 2025-12-05 | GERBER MURRY S | Director | Stock Award | 6,092 | - |
| 2025-12-05 | BECKWITH VAN H. | Officer | Sale | 8,854 | $246,938 |
| 2025-11-12 | RICHARD MARK | Officer | Sale | 160,000 | $4,443,200 |
Insider transactions can signal confidence or concerns about company prospects
Wall Street Analysts
Professional analyst ratings and price targets
Consensus
BUY
24 analysts
Piper Sandler
2025-12-18
Neutral
Neutral
Barclays
2025-12-17
Equal-Weight
Equal-Weight
UBS
2025-12-12
Neutral
Neutral
Citigroup
2025-12-11
Buy
Buy
Rothschild & Co
2025-11-03
Buy
Goldman Sachs
2025-10-23
Buy
Buy
Barclays
2025-10-23
Equal-Weight
Equal-Weight
UBS
2025-10-22
Neutral
Neutral
HSBC
2025-10-22
Hold
Buy
Piper Sandler
2025-10-22
Neutral
Neutral